CIBC Private Wealth Management Blog
Art Graper, CFP®
Wealth Strategies

When Should You Start Planning for Medical Expenses in Retirement?

H. Arthur Graper CFP®
May 06, 2015

  According to CNBC , the Healthcare Research Institute projected in June 2014 that average healthcare expenses are expected to rise at a rate of 6.8% in 2015. The impact of these rising costs is of particular concern for retirees, for whom healthcare spending generally increases with age as the need for care increases.     Of course, the rising cost of...
Investments

Funding Education Expenses With a Section 529 Plan

H. Arthur Graper CFP®
February 18, 2015

  During his 2015 State of the Union Speech on January 20, President Barack Obama’s proposal to roll back Section 529 college savings plans sparked a wave of backlash from financial firms, educational institutions and politicians on both sides of the aisle. Although the proposal was later withdrawn, the national debate raised some important questions about college savings and the...
Uncategorized

Make Online Security Part of Your New Year’s Resolution

H. Arthur Graper CFP®
January 28, 2015

With the memory of last year’s large-scale hacking incidents still fresh in our minds, it’s no secret that security will be an important topic going into 2015. But how did we get to this point, and what are the risks?   Last year, we saw an uptick in the number of high-quality “phishing” emails—messages designed by scammers to trick users into providing sensitive, valuable...
Uncategorized

Funding and Taking Distributions from a Roth IRA

H. Arthur Graper CFP®
January 07, 2015

When implemented correctly, a Roth IRA is a powerful retirement savings tool that potentially can provide significant tax-free earnings growth as part of your overall estate plan.   Whether you are creating a new Roth or are preparing to convert an existing traditional IRA, there are various contribution, conversion and transfer options to consider. Likewise, it is important to...
Wealth Strategies

Traditional or Roth

H. Arthur Graper CFP®
November 12, 2014

Retirement-minded individuals have the option of choosing between the tax-deductible benefits of a traditional investment retirement account or the tax-free earnings growth of a Roth IRA. But which one is right for your retirement plan? Eligibility Anyone under age 70 ½ with earned income is eligible for a traditional IRA, and anyone with an earned income that does not exceed the...
Wealth Strategies

Home is Where the Domicile Is: Relocating to Florida

H. Arthur Graper CFP®
October 08, 2014

  Every year, thousands of vacationers from all over the world travel to Florida for its plentiful surf, sand and sunshine. What visitors may not know is that the absence of state income and estate taxes, combined with one of the country’s broadest homestead exemptions, also makes Florida an attractive destination for those looking to relocate or retire.   Before you...